#National Debt

Some in Washington are ready to declare victory over the deficit problem, and on Monday Standard & Poor’s said it would revise its credit rating outlook for the government from negative to stable. But the deficit problem is actually still…

While there are plenty of distractions these days in Washington, elected officials should try to remember that much remains to be done to meet the nation’s fiscal challenges.“Members of Congress in both parties need to stop playing make-believe with voters…

The Congressional Budget Office (CBO) released updated numbers yesterday showing a short-term decline in projected deficits, but elected officials and the public should not be lulled into a false sense of security.“A lower deficit is good news but hardly the…

After being suspended earlier this year, the federal debt limit is scheduled to come back into force within the next few days, underscoring the need for bipartisan cooperation to avoid another round of market-rattling political brinksmanship later this year.Treasury Secretary…

Last Thursday, the Bipartisan Policy Center’s (BPC) Health Care Cost Containment Initiative released a comprehensive plan to increase efficiency and reduce costs while reorienting the nation’s health care system to become more patient-centered. That combination would ideally lead not only…

Alan Simpson and Erskine Bowles, who led a national fiscal commission to a bipartisan set of recommendations in late 2010, have released a new budget plan that shows once again that a mix of spending cuts and revenue increases can…

The new budget plan released recently by Alan Simpson and Erskine Bowles once again demonstrates that it is possible to bring the deficit under control using a mix of spending cuts and revenue increases without harming the near-term economy. It…

Is the federal budget heading for unsustainable deficits or unsustainable surpluses?It all depends on the long-term assumptions, as Concord Coalition Executive Director Robert L. Bixby explains in a new blog post that examines contrasting projections from the Government Accountability Office…